KION with solid financial year 2025 – strong order intake

With € 11.705 billion (2024: € 10.321 billion), order intake on group level was considerably higher year-on-year. Order intake at Industrial Trucks & Services increased by 4.9 percent to € 8.147 billion (2024: € 7.766 billion), benefitting from growth in counterbalance trucks and warehouse equipment in the new truck business and the continued growth in the service business. The number of new trucks ordered rose by 8.6 percent to 266,000. Order intake at Supply Chain Solutions significantly increased by 39.5 percent to € 3.599 billion (2024: € 2.579 billion). Project business (Business Solutions) was driven by orders from multiple customer segments, in particular pure-play ecommerce. Service business grew robustly.

Group revenue in 2025 slightly declined by 1.8 percent to € 11.297 billion year-on-year (2024: € 11.503 billion). In the Industrial Trucks & Services segment, revenue declined by 3.9 percent to € 8.272 billion (2024: € 8.609 billion), mainly due to lead time normalization in 2024. Service business generated solid growth. Revenue in the Supply Chain Solutions segment increased by 4.4 percent to € 3.071 billion (2024: € 2.943 billion). Both project business and service business grew year-on-year.

Adjusted EBIT on group level was € 788.6 million (2024: € 917.2 million) corresponding to an adjusted EBIT margin of 7.0 percent (2024: 8.0 percent). Adjusted EBIT in the Industrial Trucks & Services segment decreased to € 721.8 million (2024: € 917.5 million) with an adjusted EBIT margin of 8.7 percent (2024: 10.7 percent), mainly impacted by lower volumes and the decline in the gross margin in new business due to pricing and product mix. At € 183.2 million, Supply Chain Solutions significantly increased adjusted EBIT year-on-year (2024: € 112.9 million) with an adjusted EBIT margin of 6.0 percent (2024: 3.8 percent). Both the steady growth of the service business and the higher level of gross profit from the project business (Business Solutions) contributed to this.

Net income was € 240.5 million (2024: € 369.2 million), significantly impacted by one-time expenses related to the efficiency program. With € 709.5 million (2024: € 702.0 million), free cash flow was strong.

KION’s ongoing transformation to become The Supply Chain Solutions Company is reflected in the renaming of the Supply Chain Solutions (SCS) segment to “Intelligent Automation Solutions” (IAS) effective with the beginning of the financial year 2026. The Dematic brand will be positioned to an even larger extent in the supply chain orchestration space.

“KION’s business combines all the factors modern supply chains rely on: industrial trucks, automation, robotics, software and AI, with systems and solutions that learn in real-time, adapt within seconds, and plan ahead. Industrial Trucks & Services and Intelligent Automation Solutions will offer end-to-end solutions to our customers with an even more integrated approach,” says Rob Smith.